Time Magazine Contents Page January 18, 1988 Vol. 131 No. 3

54

COVER: Andrew Lloyd Webber brings his smash Phantom to Broadway

The British composer of Evita and Cats has his biggest hit yet in Phantom, which opens Jan. 26 after an all- time- record advance sale. With his shows playing from Budapest to Tokyo, Lloyd Webber, 39, presides over a musical empire that brings him more than $1 million a month (though not always critical acceptance) and is making him a superstar. See SHOW BUSINESS.

16

NATION: Is this a wimp? George Bush brawls with critics at an Iowa debate

Under fire for his role in Iranscam, the Vice President proves he is a candidate of rough- and- tumble as well as resume. -- It' s "Fat Boy" vs. "The Dirty Digger" as Ted Kennedy lands a sneak punch on Rupert Murdoch. -- An FBI agent describes five years undercover in the Mafia. -- Why is Al Haig running for President? To prove, in part, "I' m not the ogre people thought."

44

BUSINESS: A stock dive gives impetus to a call for sweeping market reforms

In a case of remarkably appropriate timing, a presidential commission recommends bold regulatory action to prevent a recurrence of Black Monday just as the Dow Jones industrial average falls more than 140 points, its second worst day since the crash. -- On world currency markets, the dollar moves in a startling new direction: upward. -- GM wows 'em at the Waldorf.

28

World

The U. S. war against Latin drug lords rages on. -- Israeli expulsions spark new riots. -- Moscow looks for the Afghanistan exit.

50

Environment

A dramatic oil spill in Pennsylvania' s Monongahela River cuts off drinking water supplies and threatens communities along the Ohio.

51

Medicine

Rheumatic fever is making a mysterious comeback, striking down children and confounding unwary parents and doctors.

52

Science

California' s Lawrence Livermore laboratory is rocked by charges that lab scientists have misled the President on Star Wars weaponry.

69

Video

After a bleak year of layoffs, dissension and a disappearing anchor, CBS News is suddenly on the offensive once again.

70

Cinema

Burt Reynolds and Molly Ringwald try for comebacks, but only Daffy Duck is back in style. -- Moviegoers chafe at the $7 ticket.

74

Living

Looking for an exotic vacation spot? Try a package tour to the Socialist Republic of Viet Nam, now leaving from San Francisco.

76

Essay

/ One makes us smile, but the menace of the other casts a chill. A confident society cherishes its eccentrics but is wary of its weirdos.

6 Letters

10 American Scene

53 Education

64 Religion

65 Books

71 Milestones

73 People

Cover: Photograph by Albert Watson